West Wits signs ZAR875m Qala Shallows facility
West Wits MLI has signed a binding term sheet with Absa Bank and Nedbank CIB for a ZAR875 million (about $53 million) loan to develop Qala Shallows. The facility will fund development, ramp-up and production activities at the Qala Shallows Gold Project, the first stage of its Witwatersrand...